The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1887-11-18
FARMERS WAREHOUSE Asso-
CATION.

FARMERS WAREHOUSE Asso-
CATION.
and Bylaws Adopted--
Officers EIeoted--other Business.
About thirty farmers assembled at the
court house Saturday afternoon TO hear
the reports of the various committees on
the organization of u Farmers Ware-
house Association. Mr.. Geo. McMahill
presided and NJ. Geo. w. Haigh acted
as secretary.
Mr.. John Diamond gave u written adj
dress in which he went over the grounds
already taken by him aud previously |
stated in these columns. He claimed
that Peavy 4 Co.'S elevator was closed
on account of its being part of pool.
Letters from A, A. Williams, of VIM
nebago City, and VIM, Plymat, of Map
Teton, were read showing what had been
"a ''..s wv ssi~s demo ~ tho farnI-
ers' associations in those places.
A statement was received from Mr.. j.
A. James, State grain inspector, saying
that all of the farmers associations in
the state had given satisfaction to all
parties concerned.
Everyone was given an opportunity
to speak and many questions in regard
TO the workings of such an association
were asked and answered. MIR. McMa-
hill stated that it had been decided to
accept the proposition of the Chicago &
Northwestern railroad to give the use
of its old passenger depot to the associa-
ton free of cost for u warehouse. The
road had promised to switch wheat to
Hubbard's mill free of cost. If neces-
sary, it would remodel the old freight
depot into warehouse-in fact it would
do anything that was fair and reasonable
and would allow no loss to fall on the
association from the experiment. The
elevator occupied by Carghill Bros.
could not be obtained as had been inh-
mated as the road seemed to prefer its
present tenant to a doubtful one. The
st. Louis and Omaha roads had not been
seen.
Mr.. McMahill also reported that he
had talked with some of the business
men of Mankato about the project of es-
tabhshing farmers warehouse in the
city and that all were favorable to it
except the dealers in farm produce.
From these he thought that some oppo-
sition might be expected, as was per-
fectIy natural.
The constitutions and bylaws of the
Farmers associations at Winnebago City
and Delavan were read and compared
and that of the latter organization was
adopted with some slight changes.
The constitution provides that the
name of the organization shall be the
Mankato Cooperative Farmers Asso-
citation; that it shall deal in wheat, oats
butter, eggs, fowls and all kinds of pro-
duce; that it shall continue for five
years; that its capital stock shall amount
to, S., 600, divided into 1873 shares at SIS
each; that the affairs of the association
shall be conducted by the president and
treasurer and seven directors called a
Board of Managers. --~-s - - Pep.
Mr.. Geo. May, of Mcpherson, was
elected president of the association, and
Mr.. Adam Arnold, of Mankato, treasur-
er. Five of the seven directors were
chosen as follows, the rest to be selected
at future meeting: A. Lortz, Decoria
L. S. Burt, Lime; Geo. McMahlll, Man
kato; d. Rasdell, Mcpherson; and Geo.
Fletcher, Belgrade.
The bylaws provide that the treasurer
shall give bonds for s., 500; that the an
nual meeting shall be held on the third
Saturday in January, at one p. M; that
special meetings may be allowed by the
president and secretary, or at the writ,
ten request of ten stockholders; that the
board of managers shall have power to
hire agents or clerks, who shall give
bonds; that the Indebtedness of the as.
ISOLATION shall not exceed So; that any
person approved by the board of mana.
gers may become member of the asso.
citation that the profits shall be divided
annually among the stockholders; that
no member shall be entitled to more
than one vote.
The following committee was appoint.
ed to solicit membership: John Dia
mond and Geo. W. Haigh. Mankato; F
NJ. Currier and John Nelson, Decoria
Henry Schultz and H. ]. Fuller, Rapi
dan; VIM. Hughes and Matteson, South
Bend; Geo. May and Henry Lynch
Mcpherson; Cash. McGraw and Thos
Moses, Kasota; Walter Johnson and III
C. Randall, Belgrade; Peter McDermott
Nicollet.
President May was escorted to the
chair, and thanked the members of the
association for the honor conferred upon
him.
An adjournment was taken for one
week.
The following persons who were pres.
ent agreed to take one share of stock
each in the association: Geo. MAY, John
Diamond, VIM. Larkin, Adam Lortz
H. J. Fuller, John Nelson, Henry Lortz
Martin Bowe, August Schultz, Chas
Fecks, Geo. Schultz, Nicholas Bruels
Adam Arnold, F. NJ. Currier, and John
c. Wise.